Area Intelligence

MERIDIAN 2 APT

4 properties
2023
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Median Price
RM 260,000
PSF: RM 603

Residential Market

Median Price

RM 278,000

RM 615 PSF

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 260,000

IQR: RM 18
MAD: RM 9
RM 603 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

MERIDIAN 2 APT in Johor Bahru, Johor recorded 4 subsale transactions in 2023, with a median price of RM 260K and a median price per square foot (PSF) of RM 603.

This area contains both residential and commercial properties. View 1 residential properties or 4 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 260K, with most transactions falling within a stable range of RM 242K to RM 278K, and a typical market range of RM 246K to RM 274K.

Most transactions involved soho/sofo/sovo, though some variety exists in the market.

For price per square foot, the median is RM 603, with most transactions between RM 580 and RM 625. The usual range is RM 595.50 to RM 609.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 14.00 and an average deviation (MAD) of RM 23 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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MERIDIAN 2 APT, Johor Bahru, Johor

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Transactions

4 properties grouped by size

400 sqft
1 units SOHO/SOFO/SOVO
RM 233,000
388 sqft · RM 601.00 PSF
Nov 2023
450 sqft
3 units SOHO/SOFO/SOVO
RM 270,000
447 sqft · RM 604.00 PSF
Oct 2023
RM 250,000
448 sqft · RM 558.00 PSF
Jul 2023
RM 280,000
452 sqft · RM 619.00 PSF
Jun 2023